This is an investment opportunity to purchase a ground floor, 2-bedroom apartment located to the south of Newport city centre. The apartment is currently let at £575.00 per calendar month, generating an annual income of £6,900. The property is well-presented, benefits from double glazing, and has an allocated parking space. The apartment is situated near the M4 and M48 motorways, providing easy access to Cardiff and other surrounding areas. The sale is subject to a 125-year lease from 2004, and the buyer will need to pay an administration fee, buyer's premium fee, and disbursements, as outlined in the legal pack. Viewings are strictly by appointment with Auction House Wales.